Chapter $9$ problem $1$ On January $1,2024,$ Saugatuck Company borrowed $$300000$ for $5$ years at $1\%$ interest. The loan requires $5$ annual payments of $$61811\mathrm{.}94$ due on December $31$ each year. Round all calculations to the penny $(2$nd decimal place$).$

Note Amount:

Interest Rate:

Years to Maturity:

Annual Payments:

$$300,000\mathrm{.}00$

$1\mathrm{.}00\%$

$$61,811\mathrm{.}94$

Complete the amortization schedule for this loan.

$\backslash$table$[[$Date$,$Payment,Interest,Principal,Carry Value$],[$Jan $1,2024,,,,300,000\mathrm{.}00$